According to Adam Smith, market mechanism, rather than government poli

QUESTION

According to Adam Smith, market mechanism, rather than government policy, should determine a country’s imports and exports.

Indicate whether the statement is true or false.

 

ANSWER

TRUE
Adam Smith argued that the invisible hand of the market mechanism, rather than government policy, should determine what a country imports and what it exports.

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00